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  • ADB Sees Robust Growth In Developing Asia
    on September 26, 2017 at 5:16 am

    The Asian Development Bank upgraded its developing Asia's growth outlook citing the broad-based recovery in global trade and strong expansion in industrial economies. In an update to its annual economic publication, Asian Development Outlook 2017, the lender said developing Asia will grow 5.9 percent in 2017 and 5.8 percent in 2018. […]

  • BoJ Minutes: Moderate Expansion Continues For Japan Economy
    on September 26, 2017 at 1:31 am

    Members of the Bank of Japan's Monetary Policy Board said that Japan continues to experience a moderate economic expansion, minutes from the bank's July 19-20 meeting revealed on Tuesday. […]

  • New Zealand August Trade Deficit NZ$1.235 Billion
    on September 25, 2017 at 10:46 pm

    New Zealand posted a merchandise trade deficit of NZ$1.235 billion in August, Statistics New Zealand said on Tuesday. […]

  • ECB's Draghi Says Eurozone Recovery To Continue, Inflation To Hit Target
    on September 25, 2017 at 2:22 pm

    Euro area economic recovery is now firm and broad-based, and the latest data suggest that the momentum is set to continue in the period ahead and policymakers are more confident that inflation will converge at the target eventually, European Central Bank President Mario Draghi said Monday. […]

  • German Ifo Business Confidence Drops For Second Month
    on September 25, 2017 at 12:23 pm

    German business sentiment dropped for the second straight month in September as companies were less satisfied with their current business situation and their short-term outlook, survey data from the Ifo Institute showed Monday. The business confidence index fell to 115.2 in September, while it was expected to remain unchanged at 115.9 seen in August. […]

  • European Economics Preview: Germany's Ifo Business Confidence Data Due
    on September 25, 2017 at 4:33 am

    Business sentiment from Germany is due on Monday, headlining a light day for the European economic news. […]

  • Eurozone Private Sector Growth At 4-Month High
    on September 22, 2017 at 12:25 pm

    Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6. […]

  • European Economics Preview: Eurozone Flash PMI Data Due
    on September 22, 2017 at 4:56 am

    Flash Purchasing Managers' survey data from euro area is due on Friday, headlining a light day for the European economic news. […]

  • U.S. Leading Economic Index Climbs More Than Expected In August
    on September 21, 2017 at 2:23 pm

    Reflecting large positive contributions from building permits, the yield spread, and consumer expectations, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators. […]

  • Philly Fed Index Unexpectedly Indicates Faster Growth In September
    on September 21, 2017 at 1:13 pm

    A report released by the Federal Reserve Bank of Philadelphia on Thursday showed an unexpected improvement in regional manufacturing conditions in the month of September. The Philly Fed said its index for current manufacturing activity rose to 23.8 in September from 18.9 in August. […]

  • U.S. Weekly Jobless Claims Unexpectedly Drop To 259,000
    on September 21, 2017 at 1:04 pm

    First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 16th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 259,000, a decrease of 23,000 from the previous week's revised level of 282,000. […]

  • UK Budget Logs Lowest Deficit For August In 10 Years
    on September 21, 2017 at 12:31 pm

    The UK budget deficit decreased to its lowest August level since 2007 on higher sales tax, official data revealed Thursday. Public sector net borrowing excluding interventions decreased by GBP 1.3 billion from the previous year to GBP 5.7 billion in August, the Office for National Statistics reported. […]

  • S&P Downgrades China Rating On Higher Risks
    on September 21, 2017 at 12:19 pm

    S&P Global Ratings downgraded China's sovereign ratings citing higher economic and financial risks after a prolonged period of strong credit growth. The sovereign rating was lowered to A+ from AA-, S&P said in a statement on Thursday. The outlook on the long-term rating was stable. […]

  • Bank Of Japan Voted 8-1 To Maintain Monetary Stimulus
    on September 21, 2017 at 6:25 am

    The Bank of Japan maintained its monetary stimulus but a new member voted against the decision, as he demanded more easing, on Thursday. The BoJ policy board, led by Governor Haruhiko Kuroda, voted 8-1 to hold the central bank's target of raising the amount of outstanding Japan government bond holdings at an annual pace of about JPY 80 trillion. […]

  • European Economics Preview: UK Public Sector Finance Data Due
    on September 21, 2017 at 5:23 am

    Public sector finance from the UK is due on Thursday, headlining a light day for the European economic news. […]

  • New Zealand GDP Climbs 0.8% On Quarter In Q2
    on September 20, 2017 at 11:46 pm

    New Zealand's gross domestic product expanded 0.8 percent on quarter in the second three months of 2017, Statistics New Zealand said on Thursday. […]

  • U.S. Existing Home Sales Slump To Lowest Level In A Year
    on September 20, 2017 at 2:18 pm

    With strained supply levels continuing to subdue overall activity, the National Association of Realtors released a report on Wednesday showing an unexpected decrease in existing home sales in the U.S. in the month of August. NAR said existing home sales slumped by 1.7 percent to an annual rate of 5.35 million. […]

  • OECD Says Global Growth Improving, But Self Sustained Recovery Not Secured
    on September 20, 2017 at 1:05 pm

    Global growth momentum has improved and is more broad-based now, yet a self-sustained recovery is far from secured as inflation remains subdued and there exists an unmet need for structural reforms, the Organization for Economic Cooperation and Development said Wednesday. […]

  • UK Retail Sales Rise Most In 4 Months
    on September 20, 2017 at 11:39 am

    UK retail sales grew the most in four months in August as consumers spend more despite higher inflation, vindicating a possible stimulus withdrawal in the months ahead. According to data published by the Office for National Statistics, the retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months. […]

  • Japan August Trade Surplus Y113.642 Billion
    on September 20, 2017 at 12:46 am

    Japan posted a merchandise trade surplus of 113.642 billion yen in August, the Ministry of Finance said on Wednesday. […]

  • New Zealand Q2 Current Account Deficit NZ$1.598 Billion
    on September 19, 2017 at 11:46 pm

    New Zealand posted a seasonally adjusted current account deficit of NZ$1.598 billion in the second quarter of 2017, Statistics New Zealand said on Wednesday. […]

  • U.S. Import And Export Prices Climb More Than Expected
    on September 19, 2017 at 1:16 pm

    A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. […]

  • U.S. Housing Starts Unexpectedly Slide 0.8% In August
    on September 19, 2017 at 1:09 pm

    New residential construction in the U.S. unexpectedly decreased in the month of August, according to a report released by the Commerce Department on Tuesday. The report said housing starts fell by 0.8 percent to an annual rate of 1.180 million in August from a revised 1.190 million in July. […]

  • German ZEW Economic Confidence Strengthens In September
    on September 19, 2017 at 11:33 am

    Germany's economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts' optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday […]

  • European Economics Preview: German Economic Sentiment Data Due
    on September 19, 2017 at 5:04 am

    Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news. […]

  • Australia House Prices Jump 1.9% In Q2
    on September 19, 2017 at 2:46 am

    House prices in Australia climbed 1.9 percent on quarter in the second three months of 2017, the Australian Bureau of Statistics said on Tuesday. […]

  • RBA Minutes: Australia Economy Growing Below Expected Trend
    on September 19, 2017 at 2:16 am

    Members of the Reserve Bank of Australia's Monetary Policy Board believe that the country's economic recovery remains below trend, minutes from the bank's September 5 meeting revealed on Tuesday - even as global economic conditions have strengthened. […]

  • U.S. Homebuilder Confidence Drops More Than Expected In September
    on September 18, 2017 at 2:33 pm

    Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. […]

  • U.S. Business Inventories Rise In Line With Estimates In July
    on September 15, 2017 at 2:20 pm

    A report released by the Commerce Department on Friday showed a modest increase in business inventories in the U.S. in the month of July. The Commerce Department said business inventories rose by 0.2 percent in July after climbing by 0.5 percent in June. […]

  • U.S. Consumer Sentiment Dips In September Due To Hurricanes
    on September 15, 2017 at 2:12 pm

    Reflecting a deterioration in consumer expectations, the University of Michigan released a report on Friday showing a pullback in U.S. consumer sentiment in the month of September. The preliminary report said the consumer sentiment index dropped to 95.3 in September after climbing to 96.8 in August. […]

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